Uncertainty over Greek deal... Buying opportunity!

In the EUR/USD pair last night we saw an initial knee-jerk sell-off following news of an incomplete Greek deal on the wires.  This move down was quickly rebuffed as we saw assertive buyers stepping in and forming a clear rejection candle on the hr time-frame.  This clearly indicates that there remains some Bull sentiment in this market and perhaps something is in the waters in terms of the ECB press-conference later today.  I was long before the news came out and quickly cut my position for a small loss.  It is hard trading at the moment on the lower time-frames as we are in a very news driven market and it is difficult to capitalize on the volatility unless you have Direct Market Access. I will be waiting on the sidelines for now and observing the outcome of today's ECB meeting.